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tahman bradley joins us from washington, d.c. with a preview of what the president is expected to outline. good morning. >> reporter: good morning. shortly after he was reelected, president obama called congressional leaders to discuss the so-called fiscal cliff. a major issue that has to be solved by the end of the year. democrats and republicans say they are willing to talk but there's a major hurdle. showdown looming, as democrats and republicans strike a conciliatory tone both sides are set to collide over taxes. >> raising tax rates is unacceptable and frankly it couldn't pass the house. >> reporter: in an interview house speaker boehner drew a hard-line on raising taxes but opened the door to raising more revenue. >> i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. >> reporter: democrats think the president has a hand date to raise taxes on families making more than $250,000 a year. >> there was a message sent to us by the american people, based
tahman bradley joins us from washington, d.c. with a preview of what the president is expected to outline. good morning. >> reporter: good morning. shortly after he was reelected, president obama called congressional leaders to discuss the so-called fiscal cliff. a major issue that has to be solved by the end of the year. democrats and republicans say they are willing to talk but there's a major hurdle. showdown looming, as democrats and republicans strike a conciliatory tone both sides...
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Nov 16, 2012
11/12
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as you mentioned we're going to be watching washington today. trading is picking up but we have 12-13 days to get something done with this fiscal cliff. the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turke
as you mentioned we're going to be watching washington today. trading is picking up but we have 12-13 days to get something done with this fiscal cliff. the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking...
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Nov 18, 2012
11/12
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president returns to washington late wednesday, just in time for thanksgiving. >>> in washington, as the deadline looms closer, will there be a deal in congress to avoid going over the fiscal cliff? coming up on abc's "this week" nancy pelosi gives a definitive answer to martha raddatz. don't miss it coming up here on abc7. >>> bay area food banks are facing a thanksgiving turkey shortage. second harvest food bank of santa clara county received some help yesterday. the local branch of the el camino owners association donated over three quarters of a ton of turkeys. that's a lot of help. the officials say they are still short of food and money this season but this should make it easier to achieve their goal. >>> volunteers also accepted donations at the pennsylvania avenue warehouse in san francisco yesterday as well as the marin food bank. beginning this thursday the san francisco food bank is short 1700 turkeys. that's more than half the birds it needs for this year's traditional meal. >>> we invite you to be part of the abc7 share your holiday food drive. on december 12th meet the
president returns to washington late wednesday, just in time for thanksgiving. >>> in washington, as the deadline looms closer, will there be a deal in congress to avoid going over the fiscal cliff? coming up on abc's "this week" nancy pelosi gives a definitive answer to martha raddatz. don't miss it coming up here on abc7. >>> bay area food banks are facing a thanksgiving turkey shortage. second harvest food bank of santa clara county received some help yesterday....
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abc news, washington. >>> after nearly two years of campaigning, the race for president is down to the wire. coming up at 8:00, top advisors for both president barack obama and mitt romney respond to the latest abc news washington post tracking poll and discuss the new wildcard in the race, the effects of superstorm sandy. don't miss abc's "this week" with george stephanopoulos at 8:00 right here on abc7. and stay with us for complete election results tuesday. get realtime results on abc7news.com the moment the polls close. and we will have live updates all night long at facebook.com/abc7news and through twitter @abc7 news bay area. >> straight ahead, tragedy in atlanta. two police officers are killed while trying to search for a missing child. >> it was scary, yeah. >> a hit-and-run victim shares her story while the search is still on for ♪ [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. natur
abc news, washington. >>> after nearly two years of campaigning, the race for president is down to the wire. coming up at 8:00, top advisors for both president barack obama and mitt romney respond to the latest abc news washington post tracking poll and discuss the new wildcard in the race, the effects of superstorm sandy. don't miss abc's "this week" with george stephanopoulos at 8:00 right here on abc7. and stay with us for complete election results tuesday. get realtime...